Toast, Inc.

NYSE:TOST Stock Report

Market Cap: US$21.7b

Toast Management

Management criteria checks 2/4

Toast's CEO is Aman Narang, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $4.77M, comprised of 0.4% salary and 99.6% bonuses, including company stock and options. directly owns 3.5% of the company’s shares, worth $759.47M. The average tenure of the management team and the board of directors is 0.9 years and 4.3 years respectively.

Key information

Aman Narang

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage0.4%
CEO tenureless than a year
CEO ownership3.5%
Management average tenureless than a year
Board average tenure4.3yrs

Recent management updates

Recent updates

Toast: Profitability Doesn't Justify The Multiple (Rating Downgrade)

Dec 15

Toast: Fantastic Performance, Terrible Price (Rating Downgrade)

Nov 24

Toast Q3 Review: I'm Booking Profits After The 100%+ YTD Returns

Nov 08

Toast: Shaping Up Into A Real Winner

Oct 24

Toast: Excellent Execution Amid Potential Slowdown

Sep 04

Toast: Widening Competitive Moat And Significant Growth Runway

Aug 01

Toast: Perfectly Warm, But Needs More Butter

Jun 17

Toast: Strong Q1 Earnings, Raising Price Target As Management Delivers

May 08

Toast: Getting Closer And Closer To Profitability

Apr 25

Toast: Toasting To Success, Premium Valuation Justified

Apr 04

Toast: Increasing My Price Target, As Revenue And Margins Rise

Mar 20

Toast, Inc. (NYSE:TOST) Stock Rockets 27% But Many Are Still Ignoring The Company

Feb 24
Toast, Inc. (NYSE:TOST) Stock Rockets 27% But Many Are Still Ignoring The Company

Toast: Turning The Corner On Profits

Feb 17

Toast: Growing Customer Adoption And Expanding Margins Will Likely Drive Impressive Returns

Jan 17

Toast: Innovation To Power Growth

Dec 16

Toast Earnings: Revenue Growth Challenges In A Competitive Market

Nov 08

Toast: Just Starting To Lift Off

Oct 24

Toast: Toasting To Growth, Buttering Up The Restaurant Industry

Sep 22

The Bullish Case For Toast After Strong Earnings

Aug 22

Toast: Serving Another Successful Quarter

Aug 13

Toast: Q2 Earnings Preview, Remains A 'Buy'

Jul 26

Toast: Buying The Selloff

Jul 20

Toast: Empowering Restaurants With Cutting-Edge Technology

Jun 14

CEO Compensation Analysis

How has Aman Narang's remuneration changed compared to Toast's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$49m

Jun 30 2024n/an/a

-US$136m

Mar 31 2024n/an/a

-US$248m

Dec 31 2023US$5mUS$20k

-US$246m

Sep 30 2023n/an/a

-US$310m

Jun 30 2023n/an/a

-US$377m

Mar 31 2023n/an/a

-US$333m

Dec 31 2022US$4mUS$20k

-US$275m

Sep 30 2022n/an/a

-US$174m

Jun 30 2022n/an/a

-US$330m

Mar 31 2022n/an/a

-US$411m

Dec 31 2021US$1mUS$197k

-US$487m

Compensation vs Market: Aman's total compensation ($USD4.77M) is below average for companies of similar size in the US market ($USD12.63M).

Compensation vs Earnings: Aman's compensation has increased whilst the company is unprofitable.

CEO

Aman Narang (41 yo)

less than a year

Tenure

US$4,774,556

Compensation

Mr. Aman Narang is a Co-Founder of Toast, Inc. and had been its President since March 2023 and was its Co-President since December 2012 until March 2023 and is Chief Executive Officer from January 01, 2024...

Leadership Team

NamePositionTenureCompensationOwnership
Aman Narang
Co-Founderless than a yearUS$4.77m3.5%
$ 759.5m
Stephen Fredette
Co-Founderless than a yearUS$4.30m5.31%
$ 1.2b
Elena Gomez
Chief Financial Officer3.6yrsUS$5.45m0.028%
$ 6.1m
Brian Elworthy
Senior VP8.1yrsUS$3.14m0.045%
$ 9.8m
Deborah Chrapaty
Chief Technology Officer2.9yrsno datano data
Kelly Esten
Chief Marketing Officerless than a yearno datano data
Mike Gutner
Chief People Officerless than a yearno datano data
Jonathan Vassil
Chief Revenue Officer2.9yrsno data0.0070%
$ 1.5m
Megan Anderson
Chief Customer Officer2.9yrsno datano data
Michel Rbeiz
Senior VP & GM of FinTechless than a yearno datano data
Lou Orfanos
Senior VP & GM of Commerceless than a yearno datano data
Jerome Luo
Chief of Staffless than a yearno datano data

0.9yrs

Average Tenure

45.5yo

Average Age

Experienced Management: TOST's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Aman Narang
Co-Founder3.9yrsUS$4.77m3.5%
$ 759.5m
Stephen Fredette
Co-Founder3.3yrsUS$4.30m5.31%
$ 1.2b
Paul Bell
Independent Director7.5yrsUS$314.23k0.042%
$ 9.2m
Deval Patrick
Independent Director3.8yrsUS$314.23k0.0084%
$ 1.8m
David Yuan
Independent Director5.8yrsUS$314.23k0.0047%
$ 1.0m
Mark Hawkins
Independent Chairperson4.7yrsUS$379.23k0.015%
$ 3.3m
Kent Bennett
Independent Director9yrsUS$319.23k0.070%
$ 15.1m
Christopher Comparato
Director9yrsUS$8.59m1.61%
$ 349.4m
Hilarie Koplow-McAdams
Independent Director3yrsUS$313.40k0.0058%
$ 1.3m
Susan Chapman-Hughes
Independent Director3.8yrsUS$329.23k0.0054%
$ 1.2m

4.3yrs

Average Tenure

57yo

Average Age

Experienced Board: TOST's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 23:40
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toast, Inc. is covered by 38 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KoningBaird
Thomas PoutrieuxBNP Paribas Exane
Alexandre FaureBNP Paribas Exane